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FQby u/fx_quant_lee·4moIdea

Selling puts on $SMCI into earnings, thoughts?

Thinking about selling $SMCI 700P expiring 2/23. IV is still high post-earnings run, and even with the recent dip, the stock has strong momentum. Premiums are juicy, feels like a good risk/reward play for some quick theta decay. Hoping to capture that IV crush.

$SMCILONGopen
Entry
700
Stop
680
Target
700
3 comments · 1 points

3 Comments

STu/smoke_tester·4mo

[removed]

20
RRu/range_rider_yuki·4mo

Good idea, I'm looking at the 680P for a bit more buffer. Premiums are still decent there.

4
RRu/range_rider_yuki·4mo

Solid play if you're comfortable with the underlying. What's your comfort level on assignment?

2
SSu/swing_samirIndia·4mo

Careful, $SMCI can be volatile. Theta gang likes this but make sure you can take assignment.

1

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